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Gary, IN Real Estate

Gary is a city in Lake County, Indiana with a population of about 68,604. The median home value is near $85,300, and median rent runs around $975/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$85,300
Median Rent
$975/mo
Population
68,604
Median Income
$37,380
Median Age
36.4
Homeownership
47.4%

Monthly payment on a median Gary home

Example for a $85,300 home: 20% down, 30-yr at ~6.75%, IN property tax ~0.76%, 0.4% insurance.

Est. monthly (PITI)
$525
Principal & interest
$443
Property tax / mo
$54
Down payment (20%)
$17,060

Gary at a glance

  • 9.4% of residents 25+ hold a bachelor's degree or higher.
  • 47.4% of occupied homes are owner-occupied.
  • Median household income is $37,380.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

Other Indiana cities

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